Adani Group stocks will attract attention on Monday following remarks by Gautam Adani, chairman of the conglomerate, addressing ongoing challenges, including bribery and fraud allegations involving Adani Green Energy.

Adani Green Energy shares rose 14.64 per cent, followed by Adani Energy Solutions, which surged 13.54 per cent

The Adani Group clarified that its executives, including Gautam Adani, were not indicted on bribery charges by US authorities but on securities fraud. The US actions caused significant financial and reputational damage,

One of Japan's biggest banks, Mizuho Financial, expects the US allegations on the Adani Group not to have a long-lasting impact and it intends to continue supporting the group.

Adani Group stocks have surged in the past three trading sessions, recovering much of the losses suffered after the company was hit with allegations of bribery charges by the United States Department of Justice and the US Securities and Exchange Commission (SEC).

Adani Group shares rise, with Adani Green Energy soaring nearly 15%. International Holding Company (IHC) reaffirms its support for the group despite US indictment.